SWORDS, Ireland--(BUSINESS WIRE)--Trane Technologies (NYSE: TT), a worldwide leader in climate solutions, has named Matthew Pine, the president and CEO of Xylem Inc. (NYSE: XYL), to its Board of Directors, starting April 1, 2025. Dave Regnery, chair and CEO of Trane Technologies, stated that Matthew's extensive global leadership experience and successful history of transforming large industrial firms will greatly benefit the board. He also highlighted Matthew's commitment to sustainability and innovation.
Xylem Inc. (NYSE:XYL) will hold its Q4 2024 Earnings Conference Call on February 4, 2024, at 9:00 AM ET. The call will feature company representatives, including Keith Buettner, Matthew Pine, and William Grogan, along with analysts from various financial institutions. Please note that all participants will be in listen-only mode during the call.
In the fourth quarter of 2024, XYL's organic revenues grew by 7% compared to the previous year. This growth was mainly due to the strong results from its Water Solutions and Services, Measurement & Control, and Water Infrastructure divisions.
Xylem (XYL) lacks the necessary elements that could lead to a strong earnings report in the near future. Be ready for the important expectations.
Xylem Inc., a top global company focused on water solutions, has announced its participation in several upcoming conferences. On February 18 in Miami, their management and investor relations team will present and hold meetings with investors at the Citi Investment Research event. Additionally, they will also be involved in the Raymond James & Associates conference in Orlando on March 3.
Xylem Inc. is a top company in water technology, providing complete water solutions and experiencing significant financial growth through both its own efforts and strategic purchases like Evoqua. Even though its market valuation is high, Xylem's long-term advantages, stable cash flows, and past growth trends make it an attractive option for investors looking for growth. Historically, the company's current valuation has been a favorable time to buy shares in this reputable firm.
Xylem's shares have dropped 20% from their peak in 2024 because of high valuations, a minor change in outlook, and increasing interest rates. Even with this decline, Xylem is still a strong player in a favorable industry, and its valuation looks more attractive if prices fall further. The company's growth is supported by acquisitions such as Evoqua, and it has seen its sales double over the past ten years while improving its profit margins.
Xylem Inc. (NYSE: XYL), a top global company focused on water solutions, will announce its fourth quarter and full year 2024 results at 6:55 a.m. (ET) on February 4, 2025. Following this, at 9:00 a.m. (ET), the senior management team will hold a conference call for investors. To join the call, you can dial +1 (866) 777-2509 (US) or +1 (412) 317-5413 (INTL), or visit the Investors Events section on Xylem's website.
By acquiring a majority share in Idrica, XYL will be able to enter new markets and provide smart solutions to its clients.
WASHINGTON, D.C.--(BUSINESS WIRE)-- #LetsSolveWater--Xylem has revealed that it has purchased a majority share in Idrica, a top company in water data management and analysis.